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Sirius XM Holdings Inc. (SIRI)

- NASDAQ
  • Jun. 26, 2013, 9:12 AM
    Pandora (P) +4.1%, adding to yesterday's gains (I, II), after The Verge's Greg Sandoval reports the company is talking to both music labels and artist groups about resolving royalty disputes. The report comes shortly after Pink Floyd penned an op-ed in USA Today attacking Pandora's attempts to lower rates, and less than a month after Pandora bought a radio station in an effort to lower a portion of its royalties. Pandora paid $0.11/stream last year, and is set to pay $0.13/stream next year and $0.14/stream in 2015. Content acquisition costs made up 66% of FQ1 revenue. Sirius XM's (SIRI) music costs, by comparison, made up just 7.5% of its 2012 revenue.
    | 1 Comment
  • Jun. 25, 2013, 10:12 AM
    The integration of Pandora's (P +6.6%) service with in-car stereos from 23 automotive brands and 8 aftermarket vendors has led to 2.5M+ service activations, the company announces in a PR giving a lift to shares. Pandora also estimates over 1/3 of 2013 new U.S. car sales, courtesy of 100+ vehicle models, will have its service built-in. The debate over how much Pandora's rapid auto market growth affects Sirius XM (SIRI +0.5%) remains intense. Fast-growing mobile radio app developer TuneIn is also making an automotive push; Apple could do the same via iTunes Radio and its automaker deals.
    | 5 Comments
  • Jun. 24, 2013, 11:11 AM
    Sirius XM Radio (SIRI, LMCA) is on the radar of some investors with estimates on automobile sales being lifted slightly higher by industry analysts to give Sirius even more upside potential. Last week, the company struck a deal with Ford to equip all vehicles from the automaker with the MySXM and SiriusXM On Demand features of SiriusXM Internet Radio. Despite the presence of new heavyweight Internet radio players, Sirius is still well-positioned.
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  • Jun. 10, 2013, 3:02 PM
    Shares of Sirius XM Radio (SIRI, LMCA) turn lower, now down 2.3%, as more details on the iTunes radio are unveiled. The Apple service will be integrated into some new cars which could cut into subscriptions totals for Sirius.
    | 7 Comments
  • May 2, 2013, 10:57 AM
    Sirius XM Radio (SIRI -1.2%) says it plans to float $500M in senior notes due in 2020 to raise funds. The company indicates that at least a portion of the funds could be used for share repurchases.
    | 2 Comments
  • Apr. 30, 2013, 7:34 AM
    More on Sirius XM Radio (SIRI): The company says its total paid subscriber base increased 9% Y/Y to reach 24.4M as the resurgence of the U.S. automobile industry helps bring in first-time subscribers. Subscriber acquisition costs per gross addition declined during the period. At the end of the quarter, free cash flow stood at $142M. Guidance for 2013 is for total net subscriber adds of 1.4M and revenue of over $3.7B. SIRI +1.0% premarket. (PR)
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  • Apr. 30, 2013, 7:02 AM
    Sirius XM Radio (SIRI): Q1 EPS of $0.02 in-line. Revenue of $897M misses by $12.85M. (PR)
    | 3 Comments
  • Apr. 30, 2013, 12:05 AM
    Notable earnings before Tuesday’s open: ABFS, AET, AGCO, AMED, ARCO, AVP, BEN, BP, CIE, CMI, CNH, COCO, CRIS, CYNO, DBD, DDD, DPZ, ECL, EPD, ESV, EXAS, FCH, FIS, FLWS, GAS, GOV, HCLP, HCP, HEP, HNR, HOT, HRS, HUN, HW, IVZ, KLIC, LM, MCGC, MHP, MLM, MNTA, MPC, MPLX, MSO, MTG, MTOR, MWV, NEE, NI, NYX, ODP, OSK, PBI, PEG, PES, PFE, ROC, SAVE, SIRI, TFX, THC, TRI, TRW, UBS, UDR, VLO, VSH, WEC, X, XYL, ZTS
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  • Apr. 29, 2013, 5:30 PM
    Notable earnings before Tuesday’s open: ABFS, AET, AGCO, AMED, ARCO, AVP, BEN, BP, CIE, CMI, CNH, COCO, CRIS, CYNO, DBD, DDD, DPZ, ECL, EPD, ESV, EXAS, FCH, FIS, FLWS, GAS, GOV, HCLP, HCP, HEP, HNR, HOT, HRS, HUN, HW, IVZ, KLIC, LM, MCGC, MHP, MLM, MNTA, MPC, MPLX, MSO, MTG, MTOR, MWV, NEE, NI, NYX, ODP, OSK, PBI, PEG, PES, PFE, ROC, SAVE, SIRI, TFX, THC, TRI, TRW, UBS, UDR, VLO, VSH, WEC, X, XYL, ZTS
    | 1 Comment
  • Apr. 18, 2013, 1:45 PM
    Liberty Media's (LMCA -0.8%) string of high-profile deals (Starz, Sirius XM Radio, Barnes & Noble, Charter) might not be done just yet, according to media industry insiders. The company still has up to $1B in non-core portfolio assets it could sell off and it isn't against the idea of borrowing more to make another key acquisition.
    | 1 Comment
  • Apr. 11, 2013, 6:53 AM
    Sirius XM Radio (SIRI) names Liberty Media (LMCA) CEO Greg Maffei as its new chairman to replace Eddy Hartenstein. The company fell under the control of Liberty Media in January after the media concern's stake rose to over 50%.
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  • Mar. 19, 2013, 8:46 AM
    More on the Charter Communications (CHTR) - Liberty Media (LMCA) deal: Even with four board seats and a sizable stake, analysts thinks the end game for Liberty Media is complete control and a potential merger/spinoff scenario. The deal could have a long-term impact for either Time Warner Cable (TWC) or Cablevision (CVC) and also brings in some interesting possibilities for Sirius XM Radio (SIRI).
    | 1 Comment
  • Feb. 5, 2013, 11:07 AM
    Satellite radio is just beginning to build its footprint with a large percentage of automobiles now embedded with the technology in a trend which Lazard Capital Markets' Barton Crocket thinks bodes well for Sirius XM Radio (SIRI -0.9%). The analyst calls the chance for a SIRI spinoff from Liberty Media (LMCA +0.8%) a very real possibility in a few years.
    | 6 Comments
  • Feb. 5, 2013, 7:18 AM
    More on Sirius XM Radio's (SIRI) Q4: The company added 529K self-pay subscribers during the quarter, up 41% from last year's level. The subscriber growth was achieved without breaking the bank as subscriber acquisition costs rose 8.5% to $126.7M. The self-pay churn rate slipped 10 bps to 1.8% during the period. Despite paying out a special dividend, execs say the company has ample liquidity to pursue strategic opportunities and return more capital. Sirius sees adding 1.6M self-pay subscribers in 2013 and realizing revenue of $3.7B with EBITDA of over $1.1B. (PR)
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  • Feb. 5, 2013, 7:02 AM
    Sirius XM Radio (SIRI): Q4 EPS of $0.02 in-line. Revenue of $892M misses by $7.46M. (PR)
    | 2 Comments
  • Feb. 5, 2013, 12:05 AM
    Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH
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Company Description
Sirius XM Holdings Inc broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems.
Sector: Services
Country: United States